Mr. Songning Shen reports

CAITERRA INTERNATIONAL ENERGY CORPORATION ANNOUNCES CHANGES TO BOARD AND OPTION GRANTS

Colin Outtrim, PEng, and Rick Pawluk have joined the board of directors of the company.

Mr. Outtrim, PEng, has over 40 years of experience in the oil and gas industry in Canada and in 35 countries around the world and has most recently served as senior technical adviser for DeGolyer and MacNaughton Canada, after having served in the role of president and director for DeGolyer and MacNaughton Canada. During 2011 to 2013, Mr. Outtrim also served on the United Nations expert committee on reserve and resource definitions. Mr. Outtrim is currently serving on the board of one other corporation and one not-for-profit board.

Mr. Pawluk is a senior partner at the Calgary office of McCarthy Tetrault LLP. Mr. Pawluk has over 20 years of experience in corporate and securities law, as well as public and private mergers, acquisitions, and disposition transactions. Mr. Pawluk has served as an officer and director of a number of public and private domestic and international energy companies. He is a member of the Law Society of Alberta, the Canadian Bar Association and the Institute of Corporate Directors.

In addition, the company announces the resignation of Mr. Grossholz from the board of directors of the company. Management and the board would like to extend their thanks to Mr. Grossholz for his many contributions in the development and to the management of the company over the past years.

The company also announces the stock options grant to buy an aggregate of 880,000 shares to certain directors, officers, employees and consultants of the company pursuant to its stock option plan. The stock options vest over a period of two years and are exercisable for a period of five years at a price of 20 cents per common share of the company.